Villa Maris – latest project signed by Degrad Development Group

Our latest project Villa Maris – is an impressive elegant villa with six luxury apartments, situated in the first row by the beach in Rova Bay, an elite part of the island of Krk, famous for its beautiful beaches, promenades, boutique hotels and luxury villas. With its area of two hundred square meters, spacious terraces, the most sophisticated equipment, an underground spa area and a tunnel that leads to the outdoor swimming pool, each apartment was designed with the goal to satisfy the most demanding modern customer. By engaging the renowned interior and landscape designers, spa professionals and creative architectural team, we have created a premium product signed by Degrad Development Group.

DEGRAD RECEIVED THE AWARD FOR OUTSTANDING CONTRIBUTION TO THE CROATIAN ECONOMY

On the occasion of the tenth anniversary of its establishment and successful work, Denis Šikljan, director of the company Degrad Development Group, was presented a special award by the Croatian Chamber of Commerce for outstanding contribution to development of the Croatian economy. The Croatian Chamber of Commerce traditionally presents special awards at the end of each year to the companies that provide, with their persistence, innovation and continuous activity, a major contribution to the Croatian economy.

CONSTRUCTION OF VILLA BELLA HAS STARTED

Degrad Development Group started the construction of its latest project, Villa Bella - apartment villas with five luxury suites. The Villa is built in a prestigious location, only 100 meters from the beach, in the area of Rova near the city of Malinska. The author of the project Villa Bella is the architect Damir Mostarac from architectural office Ars Tim from Zagreb. The foreseen completion of works on the facility is June 2016.

DEGRAD DEVELOPMENT GROUP SUCCESSFULLY FINISHED PROJECT SOTTO HERBE

Denis Šikljan, director of the company Degrad Development Group, handed over to the new owners the keys of five luxury villas Sotto Herbe in the village of Pinezići on the island of Krk. The villas Sotto Herbe represent one of the most beautiful projects, which has set new standards of construction and equipment of vacation homes on the island of Krk and beyond. We are proud that the new owners have already moved in and that they are waiting for the first summer in their new homes by the sea.

COMPLETED DESIGNING OF VILLA BELLA

Damir Mostarac, famous Croatian architect, together with his team from the architectural office Ars Tim d.o.o., has completed the overall project documentation for construction of one of the most beautiful Degrad’s projects – Villa Bella. The investor Denis Šikljan and architect Damir Mostarac started this project with the goal to make all the five luxury apartments in Villa Bella a comfortable living space with spacious outdoor areas that will allow future tenants to enjoy all the benefits and advantages of the location near the sea.

Degrad will soon start the construction of Villa Bella, while the foreseen completion of the facility and move-in of the future tenants is June 2016.

Denis Šikljan in Yachts Magazine

Investor from the island of Krk is the synonym for luxury properties in northern Adriatic, while his company Degrad Development Group, besides the construction of high quality real estate, is also involved in development and management of investment projects.

We talked with the owner of the company Degrad Development Group, extremely well represented in “its” surroundings in the northern Adriatic, on real estate market, the most attractive locations in the Adriatic as well as on the construction and sale of luxury facilities, especially exclusive villas, design apartments and Mediterranean stone houses.

Is the recovery of real estate market looming? Can we expect the return of the “golden age” before 2008, at least in a certain extent?

It would be very ungrateful to predict any future, but the indications are good. However, not because of ourselves, but because of really apparent economic recovery in Western Europe and low interest rates on savings which motivates people to re-invest in real estate.

Your company constructs real estate only for customers with high purchasing power, do you manage to find customers for this type of real estate?

Unfortunately, I have to disappoint you in terms of high purchasing power. Namely, we are building properties for clients with medium and higher purchasing power, not the high price real estate, whose prices are counted in today’s world in the millions of euros, while our prices are significantly cheaper.

Therefore, it is the matter of perception. What we consider high is not that high in the developed world. However, we manage to find the customers for each of our projects. They come from the neighboring countries, currently mostly from Germany, but also from Austria, Slovakia, Czech Republic, Ukraine... Our best recommendations are our past projects and many satisfied customers, as well as our involvement in the after-sales in a form of creating a long term relationship with each individual customer. We are very focused in project preparation, as well as in the very realization. Our customers are a part of the team what they recognize and take as a guarantee that they will get more than what they expected.

How interesting is Adriatic to the property buyers?

The answer is not very easy. Adriatic is a very attractive, it has a beautiful nature, but there is no contents and entertainment. Destinations are poor. Namely, the question of destination is crucial. Everyone wants to spend quality time in a nice destination as either tourist or property owner. This is something we lack. We have degraded the destinations with poor offer, illegal construction and poor management. We all know very well that architecture is an essential element of destination, and it makes a destination desirable, pleasant and attractive. We have not yet irreversibly destroyed our destinations, but in the forthcoming times, we have to be very smart in their development. We must have a goal, which is to be at the top because we have the potential.

Where do you get ideas for new projects?

We do not copy the projects, but we follow the trends. We are visiting fairs around the world, following the new paradigm of architecture associated with new ways of living and housing, and we are designing new projects two years prior to the realization. We are currently working on a project Lunta Mare, which we are keeping in secret for the time being, and this project will be launched in 2016. It is a settlement with unique appearance. We are also preparing projects for 2018.

What are you currently working on?

These days we are involved in moving-in for the Villas Soto Herbe, a village of stone villas in the western part of the island. All the villas are sold and we have orders for two more that we will build next year. In addition to design, quality and perfect location, what is new in this project is that we have built the charging stations for electric cars. We are also in an advanced stage of construction of our Villa Bianca, in Baška. This project was developed by the architect Idis Turato and we have “clicked” already at the first presentation of the project. I believe that this project will bring us the Design Award. How successful this project is, proves the fact that we have already sold half of the apartments, as well as the most expensive one – the penthouse. In September, we start with the construction of another top quality facility – Villa Belle, as well as a mini village with four houses by the waterfront in Malinska.

Degrad became the proud sponsor of the football club Krk

On March 18th, 2015, a sponsorship agreement was signed on the island of Krk based on which the company Degrad d.o.o. has become the official sponsor of the football club NK KRK. The club NK KRK, founded 75 years ago, is one of the oldest sports clubs on the island of Krk and sports club with the largest number of members, including more than 250 children in all age categories.

Start of construction of Villa Bianca

In March 2015, we started the construction of Villa Bianca - a modern, avant-garde facility with four luxury apartments. The Villa, designed by the famous Croatian architect Idis Turato, is situated in Rova near Malinska. The anticipated completion is January 2016.

Degrad in "Jutarnji list"

We set each project in such a way that it has an additional value highlighting the same — architecture, superb sea view or top location.

On Tuesday, April 21st, 2015, daily newspaper Jutarnji list published an article on Degrad’s completion of construction project that comprises five luxury villas on the island of Krk.

For Jutarnji list, Denis Šikljan, owner of the company Degrad Development Group, talks about construction, realization and sale of the most attractive project on the island of Krk, on plans for the future, buyers of the villas in Pinezići and advantages of the island as one the most popular tourist destinations in Croatia.

ON CURRENT SITUATION IN THE CIVIL ENGINEERING SECTOR

Completely inactive civil engineering sector is a major problem in Croatia, and we all wish to start it up again. We are functioning well because we are positioned in the luxury segment, focusing on a few projects and working for foreign customers. We are working on a boutique story with top quality real estate and customers.

ON THE POTENTIAL REAL ESTATE BUYERS

Each customer who is ready to pay between 350 and 500 thousand euros is different. Some want peace, the others want first row by the sea and to some the most important is the appearance of the property. However, regardless of the crisis it is not difficult to find customers. He claims that the prices of real estate in the luxury segment have not decreased in the time of crisis but they have stayed the same or even increased. The circle of luxury real estate customers grew smaller because of the temporary fallout of the Russians who – due to the ruble value collapse – are investing less and those purchasing real estate go to destinations that are related to their business or within the Schengen area. The number of Slovene customers, the ones who like choosing Croatia, is also growing smaller due to the downfall of purchasing power caused by the crisis.

ON THE PREPARATION OF NEW PROJECTS

We set each project in such a way that it has an additional value highlighting the same — architecture, superb sea view or top location. The number of plots on the island of Krk is growing smaller and we are now in a situation where we have to buy the existing facilities and demolish them. Every time we start the project all over again as the entrance tickets, problems and challenges are always different. The biggest investment is always finding the plot and obtaining the necessary permits.

DEGRAD IN THE SLOVENIAN MAGAZINE FINANCE

We in Degrad always try to choose a truly special location, the one where we ourselves would like to have a property.

Degrad in the Slovenian magazine Finance on the Slovenians’ interest in Croatian properties

The best-selling business magazine in Slovenia, Finance (Časnik Finance), published on April 17th 2015 an interview with the owner of the company Degrad d.o.o., Denis Šikljan. The topic of the interview was the interest of Slovenian citizens in properties in Croatia, especially on the island of Krk. The most interesting parts of the interview:

What are the benefits of using your own property for vacation?

Having your own property at the sea means having a second home. This property is equipped by customer’s own taste and provided with details that reflects the atmosphere the customer likes the best. It is completely different from staying e.g. in a hotel or in a rented apartment. Besides that, vacation properties are often used for a weekend and therefore the people who own a property by the sea really do come more often to rest on the island of Krk than the very tourists.

What are the major advantages of the island of Krk as a tourist destination for Slovenian citizens?

The Slovenians traditionally love our coast and our sea. Besides its natural beauties, gorgeous beaches and hospitality, Croatia is a very close destination for Slovenians, only a few-hours-drive away, where they can come on both vacations, one-day or weekend trips. Over the years, the island of Krk has become a true Slovenian colony and there the Slovenians really do feel like they are at home.

What type of apartments do Slovenians like the most?

The Slovenians are most interested in apartments with garden, so they usually buy apartments in the ground floor, as well as smaller houses with garden. Most of the Slovenians are buying properties in Malinska because its offer is the largest, but they like the entire island so you can also find them in the Soline bay, Punat and Njivice. As for the choice of the location, they often buy properties in places where they were previously on a vacation or in places recommended by a friend or acquaintance.

How does the company Degrad help customers in choosing a location?

The customers are different. Some customers like to be in downtown and close to all the events, while the others prefer being by the sea and some of them want a peaceful location in the heartland of the island. Therefore, we always love to talk to our customers before we offer them a property. In my opinion, a quality relationship and conversation with the customer is the most important thing not only in brokerage, but also in the sale of our own properties.

Based on which criteria does the company Degrad choose locations for new projects?

We in Degrad always try to choose a truly special location, the one where we ourselves would like to have a property. Our priority is often sea view and proximity of the sea, but it is not a rule. One can find a very good, quality land at the locations more distant from the sea, but it has to be interesting and different from the others.

Degrad in "Poslovni dnevnik"

The company from Krk found a successful business model uniting activity of construction and brokerage.

On Wednesday, December 12th, 2014, in the magazine Poslovni Dnevnik an article was published on the status of real estate market on the island of Krk. The article also talks about interest in tourist real estate, construction and sale of luxury real estate, the most attractive locations and business system that makes the real estate agency Euro Immobilien and the company Degrad d.o.o.

ON REAL ESTATE MARKET

“The real estate market has experienced its greatest growth In the times before the economic crisis. Joining the EU has greatly improved the growth of the real estate market as it is today, and it is stable. The economic crisis is still present in the countries around us and it also affects the customers with high purchasing power, but they are still investing in luxury real estate. In the economic crisis, the market has lost an average customer, and now we have a situation that there is a great interest in undervalued real estate, i.e., the real estate of cheaper price range, the ones which the customers with low purchasing power can afford. On the other hand, the market of luxury real estate has experienced the largest growth and investments in such real estate has proven to be the best option because the customers with high purchasing power practically did not experience the economic crisis and they continue spending money on expensive real estate in excellent locations.“

IN SEARCH FOR REAL ESTATE

“The company with Degrad is involved in construction of high quality real estate on the area of the island of Krk, development activities and management of investment projects in civil engineering, for both residential, commercial and tourist purposes. We are in constant search for building plots on the area of the island of Krk, Rijeka and Opatija for development of innovative and modern projects. Our wish is to become the leading company and role model in construction, operation and development of top quality projects in the region.”

Project Kartec

On the western coast of the island lies the city of Krk, once a Roman colony and the seat of Frankopan family, today the capital of the island and famous tourist destination. Along with a warm welcome of the hosts and blue sea, you will feel the atmosphere of the Mediterranean.

We are proud to announce the construction of luxury facilities in a prestigious location in the city of Krk!

New project – Villa Bella

Villa Bella is situated in the green oasis of Malinska, in the area called Rova.

Villa Bella is a modern building of clean lines that provides — with its minimalism — a special touch to its very location.

The villa consists of four beautiful apartments and penthouse with panoramic view of the sea, at only 100 meters from the beach. Beautiful nature and top quality construction as well as luxurious furnishings make Villa Bella a truly perfect place for a holiday.

Degrad and Euro Immobilien in Business.hr

In the supplement Nekretnine (Real Estate) of the weekly newspapers Business.hr on Tuesday, July 29th 2014 an article on the real estate market on the island of Krk was published. The topics of the article are the clients buying luxury real estate, project development, popularity of the island of Krk and business system developed by the real estate agency Euro Immobilien and the company Degrad d.o.o.

On business system developed by the real estate agency Euro Immobilien and the company Degrad d.o.o.

Business system, developed by the real estate agency Euro Immobilien and the company Degrad d.o.o., has been present for many years in the real estate market on the island of Krk. The agency Euro Immobilien is the leading agency on the island of Krk, acting currently as broker in the sale of over 1300 real estate, and – due to the many years of successful activity – the agency has become a synonym for real estate on the island of Krk. On the other hand, the company Degrad deals with the construction of high quality real estate on the island of Krk, project development services and management of investment projects in civil engineering, for both residential, commercial, retail and tourist purposes. Since the activity of both companies - focused on the sale of luxury real estate – is very similar, these companies constantly complement each other in their daily work.

On the project development

"We mostly deal with projects by the sea and almost always with a panoramic view of the sea. Excellent location and well-designed project make the sale of that real estate almost certain. Degrad selects its associates very carefully, as well as the architects. The most important thing is that they have innovative ideas and that our real estate are of high quality, special, unique and different from others in the real estate market. Over the years, we have worked with numerous architects – and here we would like to mention Idis Turato – mostly because of his unique talent, innovative ideas and modern expression", as we were told by Degrad. In terms of development of its projects, Degrad aims at the clients that like modern buildings, of sophisticated taste, aware of the value and quality of the very real estate – therefore, the prices of its real estate are perfectly adjusted to the targeted clients.

Concerning the use of top quality materials by renowned manufacturers and construction of high quality real estate i.e. luxury real estate, Degrad complies with the European legislation related to energy efficiency so that all of their real estate have energy certificates. Given that Degrad builds luxury real estate, here we are talking about high quality construction and superb by renowned manufacturers. Each project adapts to the site landscape, for example, luxury villas in Pinezići blend perfectly with the Mediterranean surroundings, while Rova, built in the elite quarter of Malinska, blends perfectly with the luxury surroundings

Project Pinezići

The real estate built by Degrad are of top quality, furnished with superb equipment and of superb energy efficiency. Luxury real estate offered by Degrad is, for example, the Project Pinezići – the settlement comprising five beautiful stone houses, built and furnished with top quality, whose exterior blends perfectly – thanks to their modern equipment –with the Mediterranean style of a small village. The villas are situated in a beautiful and peaceful location with a magnificent panoramic view of the sea.

Idis Turato handed over the most expected project on the island of Krk – Villa Bianca

Denis Šikljan received from Idis Turato the entire project on construction of Villa Bianca, the latest villa by the company Degrad, for which the foreseen commencement of construction works is spring 2015. Villa Bianca is a building with simple lines, divided into three clear cubes, two of which represent the pillars, while the third cube—the horizontal one—lies on them. Inspired by the old Greek temples with a combination of columns and beams referring to the timeless construction principles, Idis Turato designed the building in the very same way.

Villa Bianca consists of four apartments, different in terms of their dimensions and characteristics, providing—technically and in terms of infrastructure—a comfort of modern living with the highest quality components, materials, equipment and superb appliances.

Agreed cooperation with Idis Turato

One of the best-known and most awarded Croatian architects, Idis Turato, shall design the newest Degrad’s apartment villa in a prestigious location—in Rova in Malinska. Idis turato, along with his team of excellent architects, and Denis Šikljan, C.E.O. of the company Degrad, found a common ground—setting a project task on creation of a different space. The space intended for people with an avant-garde view of life that wish to stay away from the usual and everyday-like. The project is already in the early development stage, and the foreseen start of construction is spring 2015.

Commencment of works on the construction of luxury villas Sotto Herbe in the village of Pinezići

The company Degrad d.o.o. started the construction of five luxurious villas in a wonderful, peaceful location at the edge of the green area, in the elite part of the village Pinezići on the island of Krk. Given the attractiveness of the location with a unique view of the sea, but also the quality of the project itself, the villas Sotto Herbe represent one of the most beautiful projects on the island of Krk. The foreseen completion of all the construction works is spring 2015.